Answer:
Answers In Images Below \/
Step-by-step explanation:
Hi there
The formula is
A=p (1+r)^t
A future value?
P present value 1000
R interest rate 0.07
T time 5 years
So
A=1,000×(1+0.07)^(5)
A=1,402.55
It's a
Hope it helps
Answer:
Part a)
Part b)
Part c) Standard Daily Rate plus Mileage plan
Step-by-step explanation:
Part a) What would be the cost of the Standard Daily Rate plus Mileage plan?
Let
y ----> the total cost
x ----> the number of kilometers
we have that
For a Luxury car
For x=400 km
substitute
Part b) What would be the cost of the Unlimited Mileage plan?
we know that
The Unlimited Mileage plan for a Luxury car is $105 per day (see the table)
The trip are three days
so
To find the total cost multiply $105 by 3
Part c) Which is the better plan?
Compare
therefore
For this trip the better plan is the Standard Daily Rate plus Mileage plan
Answer:
Step-by-step explanation:
we know that
<u><em>Combinations</em></u> are a way to calculate the total outcomes of an event where order of the outcomes does not matter.
To calculate combinations, we will use the formula
where
n represents the total number of items
r represents the number of items being chosen at a time.
In this problem
substitute
simplify